A new survey reveals that even as traditional exit routes show signs of revival, GP-led secondaries remain a valuable driver of exit activity, reflecting increasing acceptance among GPs.
SecondaryLink reviews the continuation fund activity of Q2 2026, covering asset composition, deal sizes, and the most active lead investors, advisors, and legal counsel.
The secondary market's H1 growth was driven by greater acceptance from large-cap sponsors, conviction in high-quality CV deals, and the rise in evergreen capital.
The secondary market is projected to hit $250 billion in 2026 amid sustained demand for alternative liquidity solutions, according to the secondaries advisory specialist.
The secondary market continues to evolve from an episodic liquidity solution into a structural portfolio management channel, according to the advisory specialist.